The Brexit bounce continues – ten forecasters up their predictions for 2016 growth

The Brexit bounce continues. HM Treasury has today released forecasts of the economists it follows, as it does every month. Last time, there was a flurry of downgrades and forecasts of an immediate recession. Now, these forecasts are being torn up by everyone, including by the FT, although you can bet the FT won’t report on the upgrades as eagerly as it did the downgrades.

The new average forecast suggests GDP will grow by 1.8 per cent this year, far better than the 1.5 per cent forecast last month. This back to where the consensus was before the Brexit vote.

2 Responses to Voters showing no signs of ‘buyer’s remorse’ over Brexit, top pollster says

I can think of only one reason this survey was published; The Remainiacs aided and abetted by Cameron’s ‘Project Fear’ and the Labour party repeatedly told us-because they were “experts” don’t you know-Britain was headed down the pan accompanied by a recession,higher interest rates and the collapse of our economy if we had the temerity to vote to leave the EU.
If Project Fear had not been given publicity this article would probably have been kept as a draft document on someone’s computer.

“The only thing we have to fear, is fear itself”
Franklin D Roosevelt.